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Global Air Filter Market 2012-2016

Global air filter market: 5% CAGR growth expected between 2012-2016


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2014-01-28 10:10:02 - Global Air Filter Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Air Filter market is to grow at a CAGR of 4.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased demand for energy efficient air filters. The Global Air Filter market has also been witnessing a shift towards vertical integration. However, declining profit margins could pose a challenge to the growth of this market.

Many companies in the Global Air Filter market have opted for vertical integration. Vertical Integration has helped companies to expand to a great extent. Moreover, companies acquire more control over the value chain through vertical integration. This strategy has helped companies to reduce the cost to a considerable extent. The companies are able to eliminate intermediate

 

 

people and eliminate the mark-up prices. Through vertical integration companies are able to create competitive edge from the competitors.

One of the major growth drivers in the market is the increasing demand for energy efficient air filters. The demand of energy-efficient air filters is very high, as the energy cost is escalating globally.

A major challenge in the Global Air Filter market is the declining profit margin. The Global Air Filter market is a matured market with many players. The competition between these players is highly intense. Most of the players are trying to differentiate their product by keeping price as the main differentiating factor. As a result profit margins, even for the well established companies, have decreased.

The key vendors dominating this space include American Air Filter Company Inc., Camfil AB, Clarcor Inc., and Donaldson Company Inc. The other vendors mentioned are Cummins Inc., Filtration Systems Products Inc., Filtrauto S.A., Flanders Corp., and Mann Hummel GmbH.

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Mike King
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